Oil Prices Slide on Oversupply Concerns and Trade Tensions
Oil Prices Slide: Global oil benchmarks tumbled to their weakest levels in more than five months on Monday, reflecting surging concerns over a supply glut and sluggish demand outlook. Key Drivers Behind the Drop Oversupply worries Brent crude futures fell to roughly US$61.01 per barrel, and U.S. West Texas Intermediate (WTI) near US$57.52, marking…